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BU6015 - Business Analytics
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While Benford’s Law mainly applies to the first digit of a number, it can also be applied to:
What type of question(s) works to explain “Why did net income increase even though sales did not?”
Forecasting sales using past sales to plan production is an example of which type of predictive analytics?
The best visualization type to show the trend in sales over the past five years at Apple would be which of the following?
What type of question is “How long will it take for Christmas products to arrive at our stores if we source the products from Mexico rather than Indonesia?”
What type of analytics would primarily use analytics to separate, or classify, a sample into two or more groups or classes?
Predicting the possible existence of fraud is a classification predictive analysis.
How many outliers are in the Sales Price chart shown below?
What is the median of the following numbers?
2 3 4 5 6 7 10 11 11 15